Kotak Mahindra Bank has released an updated list of its Key Managerial Personnel (KMP) in compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update is crucial for determining the materiality of events or information and for making necessary disclosures to stock exchanges.
The updated list includes Mr. Ashok Vaswani, who serves as the Managing Director and CEO. The list also features Mr. Jaideep Hansraj, Mr. Paritosh Kashyap, and Mr. Anup Kumar Saha, all of whom are designated as Whole-time Directors. Additionally, Mr. Devang Gheewalla holds the position of Group Chief Financial Officer, while Ms. Avan Doomasia is the Company Secretary.
The bank has clarified that any two of these aforementioned Key Managerial Personnel, acting jointly, are authorised to determine the materiality of events or information. This protocol ensures that the bank adheres to regulatory requirements and maintains transparency with its stakeholders.
This disclosure is also accessible on Kotak Mahindra Bank‘s official website, reinforcing the bank’s commitment to governance and regulatory compliance.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).